The Red Sox may have lost Eduardo Rodriguez in free agency to the Tigers on Monday, but chief baseball officer Chaim Bloom and Co. will at least be compensated for it.
Last week, the Sox extended an $18.4 million qualifying offer to Rodriguez, but the 28-year-old rejected it at some point during the GM meetings and remained a free agent by doing so.
Because they extended Rodriguez a qualifying offer, though, Boston ensured that if the left-hander were to sign elsewhere in free agency, they would receive a compensatory draft pick in return.
As it turns out, Rodriguez — a client of Mato Sports Management — has reportedly agreed to a five-year, $77 million deal with the Tigers that includes an opt out after the second year, a no-trade clause of some sort, and up to $3 million in performance incentives.
Since Detroit is in line to sign a qualified free agent in Rodriguez, they will forfeit a pick. Boston, on the other hand, picks up an additional selection in next summer’s amateur draft.
According to MLB Trade Rumors‘ Anthony Franco, the Sox will receive a pick after Competitive Balance Round B — or somewhere in the 70-75 range — since they “neither received revenue sharing nor exceeded the luxury tax threshold in 2021.”
Over the summer, the Red Sox failed to sign University of Florida outfielder Jud Fabian, who they selected with the 40th overall pick in this year’s amateur draft. As a result of failing to sign Fabian, the club will receive the No. 41 pick in the 2022 draft.
Per the Collective Bargaining Agreement, this compensatory pick is protected, which means a team that signs a qualified free agent would not be required to give it up.
As previously mentioned, the Red Sox did not receive revenue sharing money or spend past the luxury tax threshold of $210 million this past season. In addition to getting a draft pick after Competitive Balance Round B next year, this also means that Boston would have to forfeit its second-highest draft pick if they were to sign a free agent who received a qualifying offer from another club.
As noted by The Boston Globe’s Alex Speier, though, the draft pick that the Red Sox gained as a result of failing to sign Fabian is protected, so they would instead part ways with their third-highest — or another second-round pick if they were to sign a qualified free agent such as Justin Verlander or Carlos Correa.
Put another way, “the Sox will have both a first-round pick and, thanks to Fabian, an early second-round (No. 41 overall) pick in their draft” next year, per Speier.
(Picture of Eduardo Rodriguez: Duane Burleson/Getty Images)